A Chinese Humanoid-Robot Maker’s Shanghai IPO Surged About 500% After a New “Superman” Demo
Key Takeaways Unitree’s shares have surged by around 500%, pushing the company’s valuation to roughly $62 billion. Its humanoid robot, known as “Superman,” can reach speeds of up to 28 mph, while China now has more than 330 humanoid robot models in development. Despite its rapid growth, Unitree is facing increased scrutiny in the U.S….
